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Press background on RazorpayX
Company profile
RazorpayX is the neobanking arm of fintech giant, Razorpay, helping new-age businesses fundamentally transform money movement within an organisation. Launched in November 2018, RazorpayX is a new way of digital banking - empowering businesses to track, automate and accelerate every aspect of their financial health through a single platform. With seamless integration via intuitive APIs, RazorpayX helps manage cash flow, reconcile transactions and provide flexible payouts 24x7 to various business stakeholders with no manual intervention and real-time business insights.
 Recent press releases
RazorpayX Introduces Automated ESCROW+ Solution, Enables Instant & Secure Money Transfers for Businesses

With the objective of providing automated, compliant, and secure money transfer experience on Escrow accounts to businesses, RazorpayX, the business banking platform of Razorpay, today announced the launch of ESCROW+ solution, powered by Axis Trustee Services Ltd., RBL Bank & ICICI Bank.
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WhatsApp Partners with RazorpayX to Power Seamless Cashback Transactions via UPI to Users

With an intent to further the adoption of digital payments through UPI, Payments on Whatsapp launched a cashback campaign for users across the country. RazorpayX, the neo-banking arm of Razorpay, has been onboarded as the technology partner of Payments on WhatsApp to enable a smooth cashback experi... (more)
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Around 60% Startups Paid Employee Bonuses Between April and November: RazorpayX Payroll Report

The COVID-19 pandemic and ensuing lockdown has impacted many businesses and the worst hit have been the startups struggling to keep operations running. Around 70% startups have been impacted by the pandemic, according to a recent survey. Additionally, 68% startups are cutting down their operational... (more)
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From 7 days to Now Under 5 Minutes - RazorpayX Launches Payout Links, Automates Money Transfers, Without Bank Details

COVID-19 is writing a new world order and gaming businesses are reaping significant benefits as demand for online games increases by 30% during the last three months of lockdown. With increased demand, businesses are struggling with their manual financial processes to get instant access to customer... (more)
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